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Jan 17, 2013
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. >>> it's boeing's most technologically advanced aircraft. but tonight too many problems have them all grounded. this is a 787 taking off from snow last week. the grounding follows a number of emergency land beings and other problems. cbs reporter randall pinkston on the issues turning the dreamliner into a bit of a nightmare. >> reporter: the faa ordered all boeing 787 dreamliners grounded in the u.s. while the agency investigates problems with the plane's lithium batteries. an emergency landing in western japan yesterday forced two carriers to ground their dreamliner fleet. one person was injured. of the the drew detected a burning smell 45 minutes into the flight, and their instruments showed a battery problem. burn marks were found after the landing. it's the latest in a string of problems for the new aircraft. fuel leaks and a cracked window grounded some 787 flights just this week, and another battery problem sparked a fire on an empty plane in boston. >> at this point, maybe i'd refrain until they worked some matters out. >> reporter:
. >>> it's boeing's most technologically advanced aircraft. but tonight too many problems have them all grounded. this is a 787 taking off from snow last week. the grounding follows a number of emergency land beings and other problems. cbs reporter randall pinkston on the issues turning the dreamliner into a bit of a nightmare. >> reporter: the faa ordered all boeing 787 dreamliners grounded in the u.s. while the agency investigates problems with the plane's lithium batteries. an...
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Jan 18, 2013
01/13
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KQED
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but if the problem is the lithium battery technology itself, boeing faces a more difficult engineering challenge. >> lithium ion batteries have a lot of power and of course there are many types of batteries out there and hopefully a substitute can be found, but nothing is absolutely set in stone at this point. >> reporter: boeing might be able to design a container to prevent or protect fires caused by the lithium batteries. but if the company is forced to use older, larger batteries, engineers would have to re- design parts of the 787. investigators have reached no conclusions, but they will certainly be taking a hard look at every aspect of the 787's battery. >> i think that the amount of problems there have been with lithium batteries historically would have to lead one to believe that you're not going to certificating an airplane, you're not going to just say this was a bad batch, bring on the next batch until somebody figures out that it was a bad batch and why it was a bad batch and what you do about it. >> reporter: investigators are quick to point out they have reached no concl
but if the problem is the lithium battery technology itself, boeing faces a more difficult engineering challenge. >> lithium ion batteries have a lot of power and of course there are many types of batteries out there and hopefully a substitute can be found, but nothing is absolutely set in stone at this point. >> reporter: boeing might be able to design a container to prevent or protect fires caused by the lithium batteries. but if the company is forced to use older, larger...
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Jan 23, 2013
01/13
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FBC
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this is to the point where they're pushing technology, pushing efficiencies that the technology may not be ready. the government is incentivizing it, putting a billions and billions of dollars out there for companies like boeing, electric vehicle companies, battery companies said produced this technology that is just not ready for the demand that they have. gerri: us talk about what is green about the dream liner. the exterior of the thing is made of different materials, more lightweight materials. then they have this lithium ion battery let it do when there are a laptop. >> that's right. they say the popular science says the dream liner is about 80 percent composite. composite materials, they take a lot of aluminum of it. the use different metals. they'll have the same problem, this thing they call the experts called thermal run away. they overheat. the warm-up. laptops and cell phones, chevy volt. and that is what is concerning the fa right now, the dream liner and to the point where they and some airlines all around the world have grounded their 787 until they figure out what's wrong
this is to the point where they're pushing technology, pushing efficiencies that the technology may not be ready. the government is incentivizing it, putting a billions and billions of dollars out there for companies like boeing, electric vehicle companies, battery companies said produced this technology that is just not ready for the demand that they have. gerri: us talk about what is green about the dream liner. the exterior of the thing is made of different materials, more lightweight...
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Jan 18, 2013
01/13
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WJZ
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but if the problem is the lithium battery technology itself, boeing faces a more difficult engineering challenge. >> lithium ion batteries have a lot of power and of course there are many types of batteries out there and hopefully a substitute can be found, but nothing is absolutely set in stone at this point. >> reporter: boeing might be able to design a container to prevent or protect fires caused by the lithium batteries. but if the company is forced to use older, larger batteries engineers would have to re- design parts of the 787. investigators have reached no conclusions, but they will certainly be taking a hard look at every aspect of the 787's battery. >> i think that the amount of problems there have been with lithium batteries historically would have to lead one to believe that you're not going to certificating an airplane, you're not going to just say this was a bad batch, bring on the next batch until somebody figures out that it was a bad batch and why it was a bad batch and what you do about it. >> reporter: investigators are quick to point out they have reached no conclu
but if the problem is the lithium battery technology itself, boeing faces a more difficult engineering challenge. >> lithium ion batteries have a lot of power and of course there are many types of batteries out there and hopefully a substitute can be found, but nothing is absolutely set in stone at this point. >> reporter: boeing might be able to design a container to prevent or protect fires caused by the lithium batteries. but if the company is forced to use older, larger...
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Jan 17, 2013
01/13
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WGN
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boeing did two things, new technology, the composites the electoral system and they change the way they built plants, the outsource more they used specialized subcontractors and both of those have made this problem really complex but it's this electrical system with the batteries so much depends on the circuitry that it's overloaded apparently. the faa released a statement reading in part the root cause of these failures is... there are currently more than 800 orders pending for the dream liner and boeing obviously wants to get more of the orders continuing to common so it will be interesting to see how today's news affects the overall health so to speak of this aircraft still to come, several americans are among at least 20 people taken hostage in algeria and a deadly helicopter crash in the middle of downtown london. a woman somehow got stuck between two buildings. try delicious light & fit greek it's no ordinary nonfat yogurt. it has twice the protein of regular lowfat yogurt. and at 80 calories, it's the lightest greek yogurt with fruit. its creamy, thick texture helps satisfy you.
boeing did two things, new technology, the composites the electoral system and they change the way they built plants, the outsource more they used specialized subcontractors and both of those have made this problem really complex but it's this electrical system with the batteries so much depends on the circuitry that it's overloaded apparently. the faa released a statement reading in part the root cause of these failures is... there are currently more than 800 orders pending for the dream liner...
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Jan 16, 2013
01/13
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FBC
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♪ whatever your business challenge, dell has the technology and services to help you solve it. whatever your business challenge, we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. gerri: there is definitely a debt ceiling looming looming over boston. is there looming over boston. is there a fight looming in the republican party? will they hold line on spending cuts? with one this senator mike of utah. thank you for coming on the show tonight. let's start with something that senator mitch mcconnell had to say on this topic. the president has said that this is no time to talk about cuts. mitch mcconnell said over the past three decades, u.s. presidents and lawmakers from both parties have routinely use the debt limit debate to reform government spending. the president may not want to cut spending as part of the upcoming debt limit debate but it show
♪ whatever your business challenge, dell has the technology and services to help you solve it. whatever your business challenge, we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. gerri: there is definitely a debt ceiling looming looming over boston. is there...
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Jan 17, 2013
01/13
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CNBC
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>> we know mobile has been driving everything throughout technology. what do you want to hear out of the conference call and how they will capitalize? >> we want to know how they will push technology forward, what they have done historically and what they will continue to do. they are making progress on the mobile side of the market. they have got one of the leading phones now working with motoriala in terms of battery efficiency. they keep making technology better and if you can push into the markets, you can be more of a gloat story. intel technology is essentially the cloud today, and so depending on how those data center numbers work out, we to see now they can push that forward as well. >> you nexted earlier it's what you expected. did pre-announce last week. do we know anything new from this report that you didn't know last week? >> the company is taking actions to reduce their cost struck you're. as the margins go, so should the stock. we think that's an encouraging development. >> appreciate your time tonight. see you soon. don't move, anybody.
>> we know mobile has been driving everything throughout technology. what do you want to hear out of the conference call and how they will capitalize? >> we want to know how they will push technology forward, what they have done historically and what they will continue to do. they are making progress on the mobile side of the market. they have got one of the leading phones now working with motoriala in terms of battery efficiency. they keep making technology better and if you can...
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Jan 17, 2013
01/13
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MSNBCW
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and almost no technological advance. i was ready for the next big thing. i was ready for suri to really work and make the key board obsolete. i'm serious. when they can make the key board obsolete they're on top of the world. >> i don't use suri. kind of a gimmick, right? and i think that's right. we'll never know, of course. but tim cook, the ceo of apple has impossible shoes to fill. i mean, because this guy, steve jobs, was a genius, the thomas edison of our time. we all know about that. and meanwhile, you know, samsung, with their phones, with their droids, with their galaxy tablets, they make all the parts, unlike apple. they make everything that goes into this thing. they have a big advantage there. >> so they can fine-tune the concept. the new issue for "fortune" is the 100 best companies to work for. andy, thank you so much. >> thank you. >>> coming up, she is a legend in the fashion industry. now out with a new memoir, the creative director for "american vogue" magazine, grace coddington joins us on-set on "morning joe." ♪ using cloud computing
and almost no technological advance. i was ready for the next big thing. i was ready for suri to really work and make the key board obsolete. i'm serious. when they can make the key board obsolete they're on top of the world. >> i don't use suri. kind of a gimmick, right? and i think that's right. we'll never know, of course. but tim cook, the ceo of apple has impossible shoes to fill. i mean, because this guy, steve jobs, was a genius, the thomas edison of our time. we all know about...
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Jan 17, 2013
01/13
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LINKTV
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there are also seven sensors with indycar that pick up information and use wireless technology to send it to the tablet. here is an example of how it works -- they will pick up on whether or not the hand brake has been fully released. a car can still move even with its hand brakes lightly up. that could lead them to dispute the final test score. using a tablet eliminates that. the device can sense whether a door has been properly shut or the right gear is being used. it is being called a more objective way of greeting somebody's driving ability. >> the newly instituted electronic trading system means we can retest more accurately. that makes them more fair. the candidates now they can trust the result. >> since the system was introduced in december, the traffic authority says they have not received any complaints and student drivers. last year it had 70. a driving examiner is still required because he has to gauge other things that a tablet cannot -- whether a driver changes lanes correctly. >> in the past, examiners had to grade 87 categories and fill in the score sheet. now 25 catego
there are also seven sensors with indycar that pick up information and use wireless technology to send it to the tablet. here is an example of how it works -- they will pick up on whether or not the hand brake has been fully released. a car can still move even with its hand brakes lightly up. that could lead them to dispute the final test score. using a tablet eliminates that. the device can sense whether a door has been properly shut or the right gear is being used. it is being called a more...
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Jan 17, 2013
01/13
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♪ whatever your business challenge, dell has the technology and services to help you solve it. >>> everything you think you know about making a decision is completely wrong. how is that are in an intro. we don't have a clue about why we do what we do and why we buy what we buy. the paper is dead. but luckily our friend at atlantic magazine just reported about it and maybe will understand. derek thompson, as well as our own, steve liesman, yeah. the magazine did a great job breaking down the comp. but the bottom line seems to be this. everything we thought we knew about why we do what we do is wrong. so why do we do what we do? >> the basic assumption of economics. people make choices rationally. but every science that looked at this question after economics says that is not the case. look at the very simple question of, do we like choices? well, you know, we have this thing where we go to a mall or shopping store, every decision we make gets physically exhausting. by the time we make the final decision we are actually physically exhausted and making a final decision in the qual
♪ whatever your business challenge, dell has the technology and services to help you solve it. >>> everything you think you know about making a decision is completely wrong. how is that are in an intro. we don't have a clue about why we do what we do and why we buy what we buy. the paper is dead. but luckily our friend at atlantic magazine just reported about it and maybe will understand. derek thompson, as well as our own, steve liesman, yeah. the magazine did a great job breaking...
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Jan 16, 2013
01/13
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KPIX
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. >> reporter: the faa says it's looking at the plane's technology, design, and how it's manufactured. >> the key is to be able to understand what's going on with these aircraft, get them fixed, and make sure that if it's a design issue, make the appropriate change. >> reporter: the national transportation safety board is sending a team to japan to help with the investigation. randall pinkston, cbs news, newark. >>> the feds are looking at cracking down on distracted flying by america's airline pilots. a new faa proposal is aimed at keeping pilots from using personal electronics at any time during a flight. currently, they only have to put down their devices during take-off and landing. the proposal comes after a number of incidents involving distracted pilots, including one in 2009, when a distracted northwest airlines crew overshot their destination by 150 miles. >>> well, if you're not afraid to fly, some fare comparison website's out there, kayak making it easier to know if you're getting the best deal on your airfare. kayak will now give you advice whether you should book a fligh
. >> reporter: the faa says it's looking at the plane's technology, design, and how it's manufactured. >> the key is to be able to understand what's going on with these aircraft, get them fixed, and make sure that if it's a design issue, make the appropriate change. >> reporter: the national transportation safety board is sending a team to japan to help with the investigation. randall pinkston, cbs news, newark. >>> the feds are looking at cracking down on distracted...
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Jan 17, 2013
01/13
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meanwhile, the equity market is heading higher again led by technology. second line financials and, indeed, energy stocks. >> stealth rally let's call it. maybe even a little better than a stealth rally. we're seeing volume a little stronger than it's been in the last few days. four to one advancing to declining stocks. the most important thing is we've got new highs. five year highs on the s&p 500. historic highs. again, s&p midcap, historic highs on the dow transports. that is a breakout by anybody's stretch of the imagination. take a look at the banks. we've had a number of these banks reporting, and the important thing here is there's your earnings growth so far on the s&p, 3.8%. that's a little better than we started the quarter for. still below the historic norms. put up the banks. i want to show you we had some of the biggest regionals. bank of america and citigroup, you see they're to the down side. a little more interest in the regionals over the big money center banks. finally, the home builders housing starts, highest number since june of 2008.
meanwhile, the equity market is heading higher again led by technology. second line financials and, indeed, energy stocks. >> stealth rally let's call it. maybe even a little better than a stealth rally. we're seeing volume a little stronger than it's been in the last few days. four to one advancing to declining stocks. the most important thing is we've got new highs. five year highs on the s&p 500. historic highs. again, s&p midcap, historic highs on the dow transports. that is a...
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Jan 17, 2013
01/13
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FBC
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♪ whatever your business challenge, dell has the technology and services to help you solve it. gerri: the debt ceiling deal and senator mike leigh. with more on this, we have former republican senator of wyoming, former cochair f the definition. thank you for being on thh bus, we appreciate your time we are glad to have you any way we can get you. >> there are a lot of people that would like to give me. [laughter] gerri: you are always a hoot. let's talk about the debt ceiling debate. we are all focused on this week and the president has been talking about it. what is your view on whether spending cuts should be part of the debt ceiling debate? i think that would be a serious mistake. i'm a republican, i have been so since i voted for ike in 1962 and let me tell you ie mistake. you are not talking about one thing that has to do with cutting spending. you're talking about everything and he paying your debts of the guys in the congress talk about an republican republicans drama. and every one of them has something to do with wanting ... and now you have to pay it. and you better
♪ whatever your business challenge, dell has the technology and services to help you solve it. gerri: the debt ceiling deal and senator mike leigh. with more on this, we have former republican senator of wyoming, former cochair f the definition. thank you for being on thh bus, we appreciate your time we are glad to have you any way we can get you. >> there are a lot of people that would like to give me. [laughter] gerri: you are always a hoot. let's talk about the debt ceiling debate....
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Jan 16, 2013
01/13
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CNBC
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now it's lost in some menu somewhere that i can't find fin. >> every day with technology. >> sort of like icloud. you do it on your device so i return to the ipad mini and bought it again, and everything, including the websites that i had loaded on the last one that i returned came right back, and so itubes is great for that, too, because it brings all your music and you don't have to connect to your computer anymore. >> should apple buy spotify? >> would i love to see it happen because i feel like itunes is going down this cliff. just this old, even though they revamped the ui. spotify lets you share a play list with friends. >> i share mine on twitter. >> you can share with one another. >> i must say. it's interesting because yesterday i was talking to one of my guys out in silicon valley who is a big apple guy. everything in this house for years and years, and he said we stopped using itunes. we have gone to spotify from his kids, to him, to his wife and the whole thing. >> not just for music, guys. i just bought a new phone, right? because i broke my iphone and got another one. i
now it's lost in some menu somewhere that i can't find fin. >> every day with technology. >> sort of like icloud. you do it on your device so i return to the ipad mini and bought it again, and everything, including the websites that i had loaded on the last one that i returned came right back, and so itubes is great for that, too, because it brings all your music and you don't have to connect to your computer anymore. >> should apple buy spotify? >> would i love to see...
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Jan 17, 2013
01/13
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KGO
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♪ whatever your business challenge, dell has the technology and services to help you solve it. and coffee is coffee, a quick bite is a quick bite, and play time is play time, because for 24 hours my heartburn is lights out. prevent acid for 24 hours with prevacid 24 hour. >>> and here's what the twitterverse was buzzing about today. our lead story for the "instant index." looks like this. there is no longer a reason to live on the east coast. it's a testimonial from a dunkin' donuts fan after the company announced they are opening 1,000 stores across california. in a nod to all the time californians spend in their cars, dunkin says many of the new stores will have drive through service. so, for california, finally, the long dunkin drought is over. >>> and a picture that puts this dog in the loyalty hall of fame. he is standing watch over his owner who fell through the ice on the colorado river. and he barked for help, but refused to leave his owner's side for 30 minutes, until firefighters were able to rescue him. the two had been out hunting. other hunters saw it, called 911.
♪ whatever your business challenge, dell has the technology and services to help you solve it. and coffee is coffee, a quick bite is a quick bite, and play time is play time, because for 24 hours my heartburn is lights out. prevent acid for 24 hours with prevacid 24 hour. >>> and here's what the twitterverse was buzzing about today. our lead story for the "instant index." looks like this. there is no longer a reason to live on the east coast. it's a testimonial from a...
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Jan 18, 2013
01/13
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CNBC
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do you see sizable growth activities in technology? i certainly do, and although the company is reporting next week. many of them are very large, and would i suggest that you might want to look to smaller companies to gain, because a lot of disruption in technology today, but we think on apple we have a big position in that. i think it has 5%, 10% upside in the stock when they report the earnings. i think the street has been all over this and everyone is way too worried. i think apple will be a big catalyst for the whole market next week. >> so even though it's been declining and people are worried about apple? >> right. now, everyone but apple has spoken. >> right. >> next week we'll be able to hear from apple. you know, apple will tell us what's going on. that's more important. this company is a phenomenal company, and i don't think it's over yet. one key concern is profitability, and i think one thing about steve jobs, we always saw him put out products and he had a minimum 10% margin on it. we'll see if this new apple without steve
do you see sizable growth activities in technology? i certainly do, and although the company is reporting next week. many of them are very large, and would i suggest that you might want to look to smaller companies to gain, because a lot of disruption in technology today, but we think on apple we have a big position in that. i think it has 5%, 10% upside in the stock when they report the earnings. i think the street has been all over this and everyone is way too worried. i think apple will be a...
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Jan 23, 2013
01/13
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CNBC
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. >> technology and tablets are much better than parenting. you should never engage your child one on one. never actually talk to your remember. remember that, folks. >> the electronic baby-sitter. keep an eye on the s&p 500. >>> next up, herb's red flag. under the radar earnings headlines of things he said you need to pay attention to, that slip through the cracks. >> will the competition derail its run? we will talk about the netflix threat coming up. >> and also be sure to check out our davos blog. our team giving you all kinds of behind the scenes access you won't find anywhere else. basically maria and andrew and the big crew out there doing what they do. check it out. davos.cnbc.com. [ wind howls ] [ dog barks ] ♪ ♪ [ male announcer ] something powerful is coming. ♪ see it on february 3rd. ♪ see it on february 3rd. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. thi
. >> technology and tablets are much better than parenting. you should never engage your child one on one. never actually talk to your remember. remember that, folks. >> the electronic baby-sitter. keep an eye on the s&p 500. >>> next up, herb's red flag. under the radar earnings headlines of things he said you need to pay attention to, that slip through the cracks. >> will the competition derail its run? we will talk about the netflix threat coming up. >>...
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Jan 17, 2013
01/13
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CNBC
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united technologies, honeywell, all make a lot of sense. i ple bless the trade and investment. it's a multiyear cycle. >>> jake in new york. jake. >> caller: jim cramer, how are you doing today? >> couldn't be better. how are you? >> caller: i'm doing pretty good. i'm calling about panera bread today. i hopped on the stock's bandwagon and i think it has fwabulous growth potential. but with news on chipotle that food costs are rising, do you think the growth is sustainable and whether this stock is a buy in 2013? >> let's distinguish that. chipotle was expensive stock. both are expensive on price per earrings basis but not on growth basis. panera says very little inflation pressure on their particular products. they have pass ted on price increases. right now, both up a lot. but panera is less expensive with chipotle with a better growth path. >>> joey in flea. >> caller: hey, jim. what are your thoughts on usac? should i put my money in something like this or cvr refining? >> i like cvr refining. my friend dan dickert, knows refining stocks better than anyone likes this one. i
united technologies, honeywell, all make a lot of sense. i ple bless the trade and investment. it's a multiyear cycle. >>> jake in new york. jake. >> caller: jim cramer, how are you doing today? >> couldn't be better. how are you? >> caller: i'm doing pretty good. i'm calling about panera bread today. i hopped on the stock's bandwagon and i think it has fwabulous growth potential. but with news on chipotle that food costs are rising, do you think the growth is...
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Jan 16, 2013
01/13
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FOXNEWSW
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the 787 is the newest and most technologically advanced jet. many analysts said heading in today they are normal, so-called teething issues that hit every new plane. nobody has been hurt or killed. 2019 was the savest ever for aviation worldwide. there hasn't been a single fatality in the u.s. in four years. breaking news, the faa is grounding all 787s. this is a big news event. especially for boeing who took a hit on the market ahead of the news. faa grounding all 787s. we'll see how it plays out tomorrow. especially in a place like seattle. home to boeing. >>> there is not enough water in lake michigan to fully support the shipping industry. low water levels lead to high anxiety in the midwest. the prospect of much more expensive shipping cost that you will ultimately pay for. correspondent steve brown has the story from chicago. >> the great lakes are less great, according to the data from the army corps of engineers. >> it does still show below average water levels across the board on all the great lakes. >> second consecutive low snow wint
the 787 is the newest and most technologically advanced jet. many analysts said heading in today they are normal, so-called teething issues that hit every new plane. nobody has been hurt or killed. 2019 was the savest ever for aviation worldwide. there hasn't been a single fatality in the u.s. in four years. breaking news, the faa is grounding all 787s. this is a big news event. especially for boeing who took a hit on the market ahead of the news. faa grounding all 787s. we'll see how it plays...
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Jan 17, 2013
01/13
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FBC
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is that maybe a potentially flawed technology? >> it is different technology from batteries they used before. it has some challenges, if it catches fire it produces its own oxygen so it is difficult to put it out but there are design changes put in place to prevent smoke overboard. there are other changes they made to make this not happen. apparently those changes were not enough. melissa: we saw last week, six instances on five days, or whatever the incredible stats were. a lot of people tried to slough it off, this is what happens when you roll out a new product. it seemed like too. now the faa is stepping in saying hang on, let's ground these things. are they overreacting, are they doing the right thing or is there a real problem here? >> i think there are things we don't know about yet. for example, after the event in boston last week immediately the ntsb had a fairly serious investigation involving the japanese. they had some inkling there was a problem with the battery system. what happened in japan later sealed the deal as
is that maybe a potentially flawed technology? >> it is different technology from batteries they used before. it has some challenges, if it catches fire it produces its own oxygen so it is difficult to put it out but there are design changes put in place to prevent smoke overboard. there are other changes they made to make this not happen. apparently those changes were not enough. melissa: we saw last week, six instances on five days, or whatever the incredible stats were. a lot of people...
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Jan 17, 2013
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KTVU
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this technology is cheap but i think just because it is available doesn't mean it helps us. i think there could be a significant threat to the privacy of millions of americans. >> the senator said we are making a mistake if we think giving up more privacy will make us safer. >>> arct conrad bain has -- actor conrad bain has died. he played mr. drummen on different strokes. he died monday. he is survived by his daughter and two sons. >>> it was only last week that san jose was celebrating its new service to asia but what does the future hold after the faa grounded all dreamliners? >> crime is so bad that one leader said he is afraid. hear from him and what the city plans to do to combat crime. >>> complete bay area news coverage starts right now, this is ktvu channel 2 news at 5:00 p.m. >> brenda lipe the worlds' -- boeing 787 dreamliners has been grounded in the united states tonight after they experienced several problems. the 787 is made with more composite material and consumer editor tom vacar is live in san jose where the 787 flies out of with reasons why it is being gr
this technology is cheap but i think just because it is available doesn't mean it helps us. i think there could be a significant threat to the privacy of millions of americans. >> the senator said we are making a mistake if we think giving up more privacy will make us safer. >>> arct conrad bain has -- actor conrad bain has died. he played mr. drummen on different strokes. he died monday. he is survived by his daughter and two sons. >>> it was only last week that san...
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Jan 18, 2013
01/13
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technology is doing swimmingly. united technologies, honeywell, all make a lot of sense. i bless the trade and the investment because it's a multiyear cycle. jake in new york. jake? jake? hit me! >> caller: jim cramer, how are you doing today? >> couldn't be better. how about you? >> caller: i'm doing pretty good. i'm calling about panera bread today. i hopped on the stock's bandwagon and i think it has fabulous growth potential. but in light of yesterday's news from chipotle that food costs are rising, do you think the growth is sustainable and whether this stock is a buy in 2013? >> let's distinguish that. chipotle was expensive stock. both are expensive on price per earrings basis but not on growth basis. paer in ra said repeatedly there's very little inflation pressure on their particular products. right now, both up a lot. but panera is less expensive with chipotle with a better growth path. so there you go. joey in florida. joey. >> caller: hey, jim. what are your thoughts on usac? it's been underperforming since going public. should i put my money in something like
technology is doing swimmingly. united technologies, honeywell, all make a lot of sense. i bless the trade and the investment because it's a multiyear cycle. jake in new york. jake? jake? hit me! >> caller: jim cramer, how are you doing today? >> couldn't be better. how about you? >> caller: i'm doing pretty good. i'm calling about panera bread today. i hopped on the stock's bandwagon and i think it has fabulous growth potential. but in light of yesterday's news from chipotle...
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Jan 17, 2013
01/13
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. >> you are seeing flows into materials and technology, but a flo flow out of staples and health care, correct? >> it's clear as day. for etf investors, all risk on and out of risk off. we've seen a billion dollars flow out of telecom, utilities and a couple billion dollars flow into the risk on sectors like materials, industrials and tech. that's where investors are placing their bets for this earnings season. at least etf investors and so far it's paid off. >> matt, it's tim. how about the etfs that correspond to treasury movements last year, this was a trade that everybody got on, because everybody assumed rates had to go higher eventually. where are people lining up in this? this ite >> we should look very closely as what investors are doing in the bond space. i think they are taking a hands off approach. they are certainly shortening their duration and they are actually outsourcing their active management into funds like bond. we are seeing those active strategies. a lot of investors are throwing up their hands, saying, i don't know what to do here, i'm going to give it to mr. gr
. >> you are seeing flows into materials and technology, but a flo flow out of staples and health care, correct? >> it's clear as day. for etf investors, all risk on and out of risk off. we've seen a billion dollars flow out of telecom, utilities and a couple billion dollars flow into the risk on sectors like materials, industrials and tech. that's where investors are placing their bets for this earnings season. at least etf investors and so far it's paid off. >> matt, it's...
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Jan 17, 2013
01/13
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and they're going to -- this is new technology. a composite plane, incredibly fuel efficient which is what everybody has been talking about. i think you always have issues with new technology. it's interesting they actually went out and pro-actively grounded japan airlines. that's really a first. and now the faa stepping in, those planes aren't going to fly. when they do start flying you have the choice of what equipment you whatnot to book, and if you have a profile with a local travel agent you work with, because they book 60% of the international airline tickets -- you can instruct them to book away from that air craft. >> what happens -- you're at the airport, the plane you have is having mechanical problems, they roll one the from somewhere, you're on this 787 but you don't want to be but you don't want to be at the airport overnight. >> so you either suck it up and go. i'd just go. i'm going. i'm comfortable. i think the plane has been flying for six or seven years in terms of testing. now rolled out a year ago and already fl
and they're going to -- this is new technology. a composite plane, incredibly fuel efficient which is what everybody has been talking about. i think you always have issues with new technology. it's interesting they actually went out and pro-actively grounded japan airlines. that's really a first. and now the faa stepping in, those planes aren't going to fly. when they do start flying you have the choice of what equipment you whatnot to book, and if you have a profile with a local travel agent...
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Jan 17, 2013
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a major blow to boeing that overtook air bus as number one plane maker. 787 is the most technologically advanced and fuel efficient plane ever. a statement they said we are confident the 787 is safe and we stand behind the integrity. >> the last time they grounded a plane was after a fatal crash grounding dc-10. it could be weeks before they pinpoint the problems and most likely months before they are back in the air. >> first we have an exclusive. we ride along with commando team. >> behind me are hidden half a dozen command dose, heavily armed and ready to pounce on prey they have been waiting days to come across the borde border. [ male announcer ] in blind taste tests, even ragu users chose prego. prego?! but i've bought ragu for years. [ thinking ] wonder what other questionable choices i've made? i choose date number 2! whooo! [ sigh of relief ] [ male announcer ] choose taste. choose prego. yeah. then how'd i get this... [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. ok. [ voice of dennis ] silence. are you in good h
a major blow to boeing that overtook air bus as number one plane maker. 787 is the most technologically advanced and fuel efficient plane ever. a statement they said we are confident the 787 is safe and we stand behind the integrity. >> the last time they grounded a plane was after a fatal crash grounding dc-10. it could be weeks before they pinpoint the problems and most likely months before they are back in the air. >> first we have an exclusive. we ride along with commando team....
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Jan 17, 2013
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: last week the faa insisted the dreamliner was safe, but announced it was looking into the plane's technology, design, and manufacturing. >> the key is to be able to understand what's going on with these aircraft, get them fixed, and make sure that if it's a design issue, make the appropriate change. >> reporter: the ntsb is sending a team to japan to help with the investigation. randall pinkston, cbs news new york. >>> coming up on the "morning news" on a thursday, wall-to-wall rescue. firefighters work to save a woman trapped between a narrow space between two buildings. >>> and football mystery. manti te'o appears to be the victim of a cruel hoax involving what he thought was his girlfriend. this is the "morning news." of just-picked fruit. so it's no wonder why today smucker's makes the world's best jam. found ya! you always find me. you always hide here. [ male announcer ] with a name like smucker's it has to be good. dare to leave your lipstick at home. new revlon colorstay ultimate suede™ lipstick gives you all-day color and instant moisture with shea butter and aloe. for food-proof
: last week the faa insisted the dreamliner was safe, but announced it was looking into the plane's technology, design, and manufacturing. >> the key is to be able to understand what's going on with these aircraft, get them fixed, and make sure that if it's a design issue, make the appropriate change. >> reporter: the ntsb is sending a team to japan to help with the investigation. randall pinkston, cbs news new york. >>> coming up on the "morning news" on a...
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Jan 18, 2013
01/13
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washington post technology reporter that has been covering this angle of the story. craig, good afternoon. these batteries are used in cell phones, model aircraft, automobiles. they are lighter, more powerful, easier to recharge. but it is not as if we have not known that they are prone to precisely the kinds of malfunctions that we seering on the 787s, is it? >> that's right. these things are -- they are literally everywhere in our lives. they make $4 billion lithium ion cells every year now and so, you know, i think the surprising thing is that we have a major aircraft that had a malfunction but all sort of low level malfunctions have been happening for years. it just hasn't reached the critical mass. >> is there something intrinsic to the science of lithium ion batteries that make them more prone to these kinds of catastrophic failures? >> absolutely. they are very small and very powerful. even the big batteries are a bunch of small batteries put together. if you get damage or defect, they put up a lot of energy quickly. >> is it smart to use them in something as
washington post technology reporter that has been covering this angle of the story. craig, good afternoon. these batteries are used in cell phones, model aircraft, automobiles. they are lighter, more powerful, easier to recharge. but it is not as if we have not known that they are prone to precisely the kinds of malfunctions that we seering on the 787s, is it? >> that's right. these things are -- they are literally everywhere in our lives. they make $4 billion lithium ion cells every year...
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Jan 17, 2013
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taiwan's taex is down over 1% led by technology shares. tsmc shares ended a touch higher before its results of announce wantme wantments. it posted a 32% jump meeting forecasts. but the company expects q1 revenue to fall due to seasonal factors. elsewhere, the nikkei is finished just a tap higher. sharp shares jumped over 7% on the back of tv joint venture talks with chinese lenovo. south korea's kospi ended weaker. the country's producer prices in december fell the most in three years due to lackluster demand. and down under, australia had down beat jobs data. the asx 200 climbed to a 20-month high with banks lending support. india's sensex now trading higher by about .6%. hcl technology rallied to some 12-year high as its earnings beat forecasts. back to you. >> sixuan, we'll see you a little later. still to come on the program, christmas sales rocketed, so what is the online retailer doing? we'll get into that when we come back. >>> welcome back to the program. shares of carrefour came in just below expectations. shares in france came i
taiwan's taex is down over 1% led by technology shares. tsmc shares ended a touch higher before its results of announce wantme wantments. it posted a 32% jump meeting forecasts. but the company expects q1 revenue to fall due to seasonal factors. elsewhere, the nikkei is finished just a tap higher. sharp shares jumped over 7% on the back of tv joint venture talks with chinese lenovo. south korea's kospi ended weaker. the country's producer prices in december fell the most in three years due to...
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Jan 17, 2013
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united technologies makes the plane auxiliary power unit. no questions have been raised about the engines themselves. general electric is the supplier there. connell: four years, rob, this had been a play that we had talked about because it was being delayed. one plane after another. what do you make of this? >> new air planes always have problems. [talking over each other] connell: i want to ask you a little bit about that technology. you hear this is the future of aviation. everyone will go down this road. what do you know about those batteries and, well, any risks that may be associated with them? >> lithium ion batteries are lighter. that is one of the reasons they are in the airplanes these days. weight is always an issue on any kind of aircraft system anywhere. i mean, they can save 20 pounds here, 40 pounds there and they will do it. what they are also finding out is there are some anomalies with these batteries. that is what we have seen in laptops that have overheated. connell: when this all gets resolved in whatever way it does and
united technologies makes the plane auxiliary power unit. no questions have been raised about the engines themselves. general electric is the supplier there. connell: four years, rob, this had been a play that we had talked about because it was being delayed. one plane after another. what do you make of this? >> new air planes always have problems. [talking over each other] connell: i want to ask you a little bit about that technology. you hear this is the future of aviation. everyone...
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Jan 18, 2013
01/13
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♪ whatever your business challenge, dell has the technology and services to help you solve it. ♪ [ male announcer ] some day, your life will flash before your eyes. make it worth watching. introducing the 2013 lexus ls. an entirely new pursuit. introducing the 2013 lexus ls. we replaced people with a machine.r, what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally.
♪ whatever your business challenge, dell has the technology and services to help you solve it. ♪ [ male announcer ] some day, your life will flash before your eyes. make it worth watching. introducing the 2013 lexus ls. an entirely new pursuit. introducing the 2013 lexus ls. we replaced people with a machine.r, what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an...
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Jan 23, 2013
01/13
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up next, a rare look at the technology behind drones. we know they have been used by the military, police, and also by real estate agents. ♪ [ male announcer ] end your long week... with a weekend getaway. save up to forty percent on all weekend hotel stays. book by january thirty first at hiltonanyweekend.com. >>> welcome back, everybody, a nova special takes a look at the evolution and the power behind drones. they are being used increasingly as a surveillance tool here in the united states. >> a revolution is under way as manned planes are being replaced by drones. it is a time when machines fly, and think, on their own. peter yost joins us to talk about it. we usually think about international conflict, a drone can keep american servicemen and women out of harm's way. >> we have been using them in many ways for many decades. in world war two, we were flying via remote control. pilots would sometimes bailout and jump out. there is footage of this in the film that is rare and amazing. >> but it's, not scarred, but unnerving. >> i wou
up next, a rare look at the technology behind drones. we know they have been used by the military, police, and also by real estate agents. ♪ [ male announcer ] end your long week... with a weekend getaway. save up to forty percent on all weekend hotel stays. book by january thirty first at hiltonanyweekend.com. >>> welcome back, everybody, a nova special takes a look at the evolution and the power behind drones. they are being used increasingly as a surveillance tool here in the...
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Jan 17, 2013
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that means we make better motorcycles, higher technology, more doesn't. then we try to make a price that is right. we don't see the trend, we do our own thing and it seems to be working so far. >> looks great outside the exchange. in a perfect world we would have you get on right now and ride away. thank you for your time. >>> just in case none of your leagues told you we're having a bit of a cold snap on the west coast, so cold that the state's fruit and vegetable crops could be frozen. jane wells tracking that story at an artichoke farm in the golden state. jane? >> they've called this a frost kissed artichoke. sort of warming up california coming out of their arctic freeze. farmers are assessing the damage. what you'll pay more for after the break. >>> we've talked about higher prices for beef and anything made with corn. have you looked at the prices of eventual tables lately? our jane wells has been following this story and says it could get ugly in the produce ails. she's at an artichoke farm in california. >> narrearly all the artichokes come from
that means we make better motorcycles, higher technology, more doesn't. then we try to make a price that is right. we don't see the trend, we do our own thing and it seems to be working so far. >> looks great outside the exchange. in a perfect world we would have you get on right now and ride away. thank you for your time. >>> just in case none of your leagues told you we're having a bit of a cold snap on the west coast, so cold that the state's fruit and vegetable crops could be...
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Jan 17, 2013
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from technology and connect with ourselves. i mean all these devices are really a way to help us deal with our addiction to technology. which has made people more stressed. i know it's a paradox but truth is often paradoxical. and the third trend is really to see that people, instead of just searching for information, they're searching for meaning. they're searching to make their lives mean something, make a difference. that's why we have so many brands identified with causes. and once the halo effect of being identified with the causes, you have coca-cola and wellness. you have johnson & johnson and global -- and it's actually a great way now, to monetize what's happening online. instead of cpms, it's a brand of platforms in partnership with different brands. >> what do you think about some of these ads? coca-cola has really taken some flak from the critics for its new ad campaign. it's gotten out there and said, yes, we need to watch how many calories we consume, but it's not just sugary beverages that are doing this. it's th
from technology and connect with ourselves. i mean all these devices are really a way to help us deal with our addiction to technology. which has made people more stressed. i know it's a paradox but truth is often paradoxical. and the third trend is really to see that people, instead of just searching for information, they're searching for meaning. they're searching to make their lives mean something, make a difference. that's why we have so many brands identified with causes. and once the halo...
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Jan 17, 2013
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explain the technology is behind this. >> well, suzanne, definitely new technology. lithium ion batteries have never been used before in commercial airlines to this extenextent, te lighter, powerful, but the concern is over possible overheating. boeing had to get special permission from the faa to use these batteries, and they were only approved under the condition it would install specific safety measures to address these potential problems. so clearly, they are going to revisit and look at these batteries to see if they were installed correctly, and if everything is okay and safe. suzanne? >> i know they got more, 800 more orders for these dreamliners. does that still go through? >> yeah. it's unclear at this point what happens to those 800 aircraft that are on ord but clearly right now it's too soon to tell. keep in mind, this is a big expenditure for any airline. each aircraft costs $200 million each. >> do we think -- should we are worried about flying on these planes? bottom line? >> that is the biggest question here, because, clearly, every aviation expert we'
explain the technology is behind this. >> well, suzanne, definitely new technology. lithium ion batteries have never been used before in commercial airlines to this extenextent, te lighter, powerful, but the concern is over possible overheating. boeing had to get special permission from the faa to use these batteries, and they were only approved under the condition it would install specific safety measures to address these potential problems. so clearly, they are going to revisit and look...
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Jan 17, 2013
01/13
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solyndra wound up auctioning off most of the equipment and selling the building in fremont so sea gate technology for just over $90 million. >>> happening now looking live at san diego international airport where police are investigating a security breach. police say a man ran on the tarmac at terminal one and tried to hide in a service vehicle. we're told he's been taken away by ambulance. it's not clear whether he is injured. it's believed the suspect came from the marine core recruit depot. military police now are on their way to that scene. no flights are delayed and no threat at any point to passengers or the general public there. that security breach under way . >>> one final update on this lovely weather. >> we have a great looking sunrise. beautiful way to start the day. grab your shades. spare the air day. you can see the haze over san francisco. pretty at 6:57. temperatures are still cold. grab your coat. you can peel it off by noon. 29 degrees still in concord. chilly out there. upper 50s inland as you break for lunch. by 4:00 p.m., the mid 60s on the way to the greater bay area. let's
solyndra wound up auctioning off most of the equipment and selling the building in fremont so sea gate technology for just over $90 million. >>> happening now looking live at san diego international airport where police are investigating a security breach. police say a man ran on the tarmac at terminal one and tried to hide in a service vehicle. we're told he's been taken away by ambulance. it's not clear whether he is injured. it's believed the suspect came from the marine core...
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Jan 17, 2013
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technology. be inning to see how amazon does. you have a global economy growing modestly. >> are you worry about apple? >> as a company? no. am i concerned about apple as a stock at 500, i will be glad if we talked less about apple. it's one company amongst many. anybody in silicon valley has to be worried about the fact that their franchise is of extremely short duration. >> boeing. this boeing story is creeping up, getting worse on a daily basis. would you get rid of boeing? >> i haven't owned boeing for a while. plus you got to understand boeing's huge defense business which no matter what happens with sequestration, i think boeing is probably -- their strength is overestimated. and unlike a cell phone problem when i hear about an airplane that may be blowing up and people saying it's not a big deal i would be concerned flying a 787 right now. >> now my friend joe scarborough is about to rejoin us. he's not alone former governor howard dean and rick lazio is also with us. we'll talk about the future of the republican party on
technology. be inning to see how amazon does. you have a global economy growing modestly. >> are you worry about apple? >> as a company? no. am i concerned about apple as a stock at 500, i will be glad if we talked less about apple. it's one company amongst many. anybody in silicon valley has to be worried about the fact that their franchise is of extremely short duration. >> boeing. this boeing story is creeping up, getting worse on a daily basis. would you get rid of boeing?...
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Jan 17, 2013
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. >> these assault weapons that you're referring to are encompassing the same technology that people use in the firearms that are being used for self- defense or used for hunting. >> reporter: chang did support some of the directives the president called for today. he agrees there should be stricker laws to keep guns from the mentally ill, harsher punishments for crimes involving firearms and armed police officers at schools. >> you don't want to take away the second amendment rights for law-abiding citizens who have done nothing but yet they are the ones forced to comply with these laws because violent criminals don't obey laws. >> reporter: looks like the president has the support of most americans. ining an exclusive cbs5/surveyusa poll, 71% of people in the bay area support a ban on assault weapons. 67% support limits on how much ammunition a gun could hold. those numbers roughly match a recent national survey. reaction from congressional lawmakers lukewarm. even the children who wrote to the president seem to understand that change is really going to be a hard sell on capitol hi
. >> these assault weapons that you're referring to are encompassing the same technology that people use in the firearms that are being used for self- defense or used for hunting. >> reporter: chang did support some of the directives the president called for today. he agrees there should be stricker laws to keep guns from the mentally ill, harsher punishments for crimes involving firearms and armed police officers at schools. >> you don't want to take away the second amendment...
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Jan 17, 2013
01/13
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we just have the technology to dayton and development. the plays that our company is most active, predominantly for us. ours is liquid rich gas in west virginia. over and now i'll and up in north dakota and southern saskatchewan in canada as well. ashley: oil prices have risen close to $96 per barrel. where you see prices going from here? >> actually, i'm quite surprised to see prices as high as they are. one of the big factors that cause that is the difference between brent and wti drawing in. you are seeing people getting more bullish on the economy. that is positive. china and india continue to have a major first for oil. again, the united states is producing more will than we have . crossing the 50 percent barrier. so i am not really bullish on oil long term. we get plenty of it. much more bullish that hopefully natural gas will go up because the prices will allow the industry totally have higher prices because you have less drilling. ashley: in the wake of the bp oil spill we saw a slew of government regulations come down . since the
we just have the technology to dayton and development. the plays that our company is most active, predominantly for us. ours is liquid rich gas in west virginia. over and now i'll and up in north dakota and southern saskatchewan in canada as well. ashley: oil prices have risen close to $96 per barrel. where you see prices going from here? >> actually, i'm quite surprised to see prices as high as they are. one of the big factors that cause that is the difference between brent and wti...
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Jan 16, 2013
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. >>> other technology news, apple's vice president of retail has left the company. jerry mcdougal was a potential candidate for the company's now-vacant senior vice president of retail position. shares of apple falling below $500 this week. look at that -- $487 a share. premarket higher by a buck. you see ever since the foen 5 actually came out -- the iphone 5 actually came out, people are selling on the news, reports of whether or not they've cut the number of orders for parts internally has pressured the stock. >>> facebook shares also coming under pressure this week. investors appear to be less than thrilled by the company's product announcement yesterday. social networking site unveiled a new tool that lets people search their network of friends to find everything from restaurants to movie recommendations. >> graph search. we have stocks reporting today. i have gone on facebook, and i'm searching the right graphs for all the stock movements s. that what it does? that seems like a weird thing to try and take on -- you can search for graphs, is that -- is it the g
. >>> other technology news, apple's vice president of retail has left the company. jerry mcdougal was a potential candidate for the company's now-vacant senior vice president of retail position. shares of apple falling below $500 this week. look at that -- $487 a share. premarket higher by a buck. you see ever since the foen 5 actually came out -- the iphone 5 actually came out, people are selling on the news, reports of whether or not they've cut the number of orders for parts...
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Jan 22, 2013
01/13
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after the bell, technology takes center stage. we will hear from google, texas instruments and amd among others. >> and friday, the 49% mothership and it was good. revenues above expectations. and also a little beat on the bottom line, but a lot of the different business segments doing well. all clicking and stock was up above 22. comcast traded over 40. >> i saw that, too. and it makes you wonder if the dow jones industrial average will follow the transports at this point. >> why follow those two so closely? comcast at 51% and 49% owners. i'm hearing that dupont is hitting the wires right now, which is inconvenient for -- >> those of us still getting our computers up and running. >> we're going to talk to ellen kullman. and we'll be able to get a better idea on what's going on. fourth kwarer, one of the numbers i'm seeing, a 12 cents and then adjusted number of 11 cents. and that is versus an expectation of 7 cents. so either one of those on numbers would be above expectations. the sales number for the fourth quarter was 7.3 bill
after the bell, technology takes center stage. we will hear from google, texas instruments and amd among others. >> and friday, the 49% mothership and it was good. revenues above expectations. and also a little beat on the bottom line, but a lot of the different business segments doing well. all clicking and stock was up above 22. comcast traded over 40. >> i saw that, too. and it makes you wonder if the dow jones industrial average will follow the transports at this point. >>...
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Jan 16, 2013
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nicoderm cq, the patch with time release smart control technology. quit one day at a time with nicoderm cq. ♪ ♪ [ male announcer ] end your long week... with a weekend getaway. save up to forty percent on all weekend hotel stays. book by january thirty first at hiltonanyweekend.com. chili's lunch combos starting at just 6 bucks. try our new southwestern mac and cheese with grilled chicken served with soup or salad. chili's lunch combos. starting at 6 bucks. more life happens here. to america's veterans. tax expertise can make. to america's veterans. tax expertise can make. [ female announcer ] born from the sweet monk fruit, something this delicious could only come from nature. new nectresse. the 100% natural no-calorie sweetener made from the goodness of fruit. new nectresse. sweetness naturally. living with moderate to severe rheumatoid arthritis means living with pain. it could also mean living with joint damage. humira, adalimumab, can help treat more than just the pain. for many adults, humira is clinically proven to help relieve pain and st
nicoderm cq, the patch with time release smart control technology. quit one day at a time with nicoderm cq. ♪ ♪ [ male announcer ] end your long week... with a weekend getaway. save up to forty percent on all weekend hotel stays. book by january thirty first at hiltonanyweekend.com. chili's lunch combos starting at just 6 bucks. try our new southwestern mac and cheese with grilled chicken served with soup or salad. chili's lunch combos. starting at 6 bucks. more life happens here. to...
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Jan 16, 2013
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keep in mind, this is a technology company. as we move along the technology cycle, competition is going to come in. google's android and samsung are very formidable competitors. this is going to continue to happen. we'll see margins deteriorate at some point. that's the debate. when do you see those margins start to fall off. we don't think that's right now. >> we've seen it, channing. we've seen it. margins have peaked with the iphone 3gps. it's a decline we've seen for months and months. it sounds like your sentiment has also changed. even if it's just the margins, at what valuation do you think apple should be trading right now? it's not the valuation it was trading at when it was $700, according to what you're saying. >> the valuation is extremely cheap. we're trading at ten times. take the cash out at 7. keep in mind, the earnings growth should be close to 20%. compare that to any tech company in the technology sector, or overall market and there's a big disconnect. we think the earnings growth trajectory for apple is extr
keep in mind, this is a technology company. as we move along the technology cycle, competition is going to come in. google's android and samsung are very formidable competitors. this is going to continue to happen. we'll see margins deteriorate at some point. that's the debate. when do you see those margins start to fall off. we don't think that's right now. >> we've seen it, channing. we've seen it. margins have peaked with the iphone 3gps. it's a decline we've seen for months and...